The Tel Aviv-based start up did not disclose from whom it received the funding.
Giraffic offers online video sites, IPTV and Over-The-Top TV operators a distributed streaming technology that accelerates video delivery over the open Internet to their end users, enabling smooth, buffering-free HD and adaptive video streaming.
Giraffic said several months ago that it had had one million end users on its distributed video streaming cloud exceeding user growth expectations. Giraffic's collaborative cloud has been growing continuously since then and by now millions of end users have chosen to accelerate their video streaming experience.
Giraffic was founded in December 2008 by CEO Yoel Zanger and CTO Dr. Gil Gat (CTO), and is backed by leading technology and media industry veterans including Sling Media (now Echo-Star/Dish Networks), CNN and Warner Brothers.
Published by Globes, Israel business news - www.globes-online.com - on May 1, 2012
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